titan homes (scotland) ltd
titan homes (scotland) ltd Company Information
Company Number
SC525906
Website
-Registered Address
133 finnieston street, glasgow, G3 8HB
Industry
Construction of domestic buildings
Telephone
-
Next Accounts Due
1181 days late
Group Structure
View All
Directors
Shaun Fraser5 Years
Shareholders
shaun frederick dawson fraser 100%
titan homes (scotland) ltd Estimated Valuation
Pomanda estimates the enterprise value of TITAN HOMES (SCOTLAND) LTD at £2.1m based on a Turnover of £6.3m and 0.34x industry multiple (adjusted for size and gross margin).
titan homes (scotland) ltd Estimated Valuation
Pomanda estimates the enterprise value of TITAN HOMES (SCOTLAND) LTD at £0 based on an EBITDA of £-6.2k and a 2.9x industry multiple (adjusted for size and gross margin).
titan homes (scotland) ltd Estimated Valuation
Pomanda estimates the enterprise value of TITAN HOMES (SCOTLAND) LTD at £0 based on Net Assets of £-6.4k and 1.27x industry multiple (adjusted for liquidity).
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Titan Homes (scotland) Ltd Overview
Titan Homes (scotland) Ltd is a live company located in glasgow, G3 8HB with a Companies House number of SC525906. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in February 2016, it's largest shareholder is shaun frederick dawson fraser with a 100% stake. Titan Homes (scotland) Ltd is a young, mid sized company, Pomanda has estimated its turnover at £6.3m with unknown growth in recent years.
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Titan Homes (scotland) Ltd Health Check
Pomanda's financial health check has awarded Titan Homes (Scotland) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £6.3m, make it larger than the average company (£591.8k)
- Titan Homes (scotland) Ltd
£591.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Titan Homes (scotland) Ltd
- - Industry AVG
Production
with a gross margin of 11.1%, this company has a higher cost of product (21.5%)
- Titan Homes (scotland) Ltd
21.5% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (8.5%)
- Titan Homes (scotland) Ltd
8.5% - Industry AVG
Employees
with 11 employees, this is above the industry average (7)
- Titan Homes (scotland) Ltd
7 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Titan Homes (scotland) Ltd
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £569.8k, this is more efficient (£268.7k)
- Titan Homes (scotland) Ltd
£268.7k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (26 days)
- Titan Homes (scotland) Ltd
26 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (31 days)
- Titan Homes (scotland) Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Titan Homes (scotland) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Titan Homes (scotland) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.6%, this is a higher level of debt than the average (75.3%)
100.6% - Titan Homes (scotland) Ltd
75.3% - Industry AVG
TITAN HOMES (SCOTLAND) LTD financials
Titan Homes (Scotland) Ltd's latest turnover from March 2019 is estimated at £6.3 million and the company has net assets of -£6.4 thousand. According to their latest financial statements, we estimate that Titan Homes (Scotland) Ltd has 11 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|
| Tangible Assets | 264 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 264 | 0 | 0 |
| Stock & work in progress | 0 | 891,156 | 0 |
| Trade Debtors | 1,119,251 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 2,732 | 0 |
| Cash | 0 | 395 | 1 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 1,119,251 | 894,283 | 1 |
| total assets | 1,119,515 | 894,283 | 1 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 1,125,893 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 894,436 | 0 |
| total current liabilities | 1,125,893 | 894,436 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 1,125,893 | 894,436 | 0 |
| net assets | -6,378 | -153 | 1 |
| total shareholders funds | -6,378 | -153 | 1 |
| Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | |
| Amortisation | 0 | 0 | |
| Tax | |||
| Stock | -891,156 | 891,156 | 0 |
| Debtors | 1,116,519 | 2,732 | 0 |
| Creditors | 1,125,893 | 0 | 0 |
| Accruals and Deferred Income | -894,436 | 894,436 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -395 | 394 | 1 |
| overdraft | 0 | 0 | 0 |
| change in cash | -395 | 394 | 1 |
titan homes (scotland) ltd Credit Report and Business Information
Titan Homes (scotland) Ltd Competitor Analysis
Perform a competitor analysis for titan homes (scotland) ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
titan homes (scotland) ltd Ownership
TITAN HOMES (SCOTLAND) LTD group structure
Titan Homes (Scotland) Ltd has no subsidiary companies.
Ultimate parent company
TITAN HOMES (SCOTLAND) LTD
SC525906
titan homes (scotland) ltd directors
Titan Homes (Scotland) Ltd currently has 1 director, Mr Shaun Fraser serving since Nov 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shaun Fraser | 31 years | Nov 2018 | - | Director |
P&L
March 2019turnover
6.3m
+1132%
operating profit
-6.2k
0%
gross margin
11.2%
-5.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
-6.4k
+40.69%
total assets
1.1m
+0.25%
cash
0
-1%
net assets
Total assets minus all liabilities
titan homes (scotland) ltd company details
company number
SC525906
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
February 2016
age
8
accounts
Micro-Entity Accounts
ultimate parent company
previous names
charlesfort (avondale) ltd (May 2019)
titan homes (scotland) ltd (February 2019)
See moreincorporated
UK
address
133 finnieston street, glasgow, G3 8HB
last accounts submitted
March 2019
titan homes (scotland) ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 6 charges/mortgages relating to titan homes (scotland) ltd. Currently there are 4 open charges and 2 have been satisfied in the past.
titan homes (scotland) ltd Companies House Filings - See Documents
| date | description | view/download |
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